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Commercial Property Finance

Expand your business with a Commercial Mortgage. Fast access to Development Finance & Bridging Loans for construction projects.

Millbrook Property Finance

  • 30-year repayment terms

  • Dedicated account management

  • Interest only periods available

  • Simple application process

  • Up to 85% loan to value

  • Fixed and variable rate options

What is Commercial Property Finance?

Commercial Property Finance is a term used to describe a suite of products that include Commercial Mortgages, Bridging Finance, and Property Development Finance. This type of business finance suits commercial developers, who are looking to purchase or refurbish properties, or business owners looking to expand their office space and want to purchase a commercial building.

 

Securing your commercial property

Why You Should Use Commercial Property Finance?

There are many reasons why commercial property finance could be a great option for your business.

Your business might have plans to expand and grow and your current commercial premises may be too small to accommodate the new workforce. By taking out a property finance loan, you’ll have more options in purchasing the ideal premises you need to expand your business. You will also be able to facilitate any development plans if you want to upgrade or refurbish your new premises.

Owning Your Property

Owning your workspace gives you a lot more control as opposed to renting and it means any refurbishments made will improve your company’s assets rather than a landlord’s. Owning your own property also improves your companies balance sheet and makes your business more attractive to potential investors. Your balance sheet will look much healthier and stronger as you have created the perception of a stable business.

If you would like to speak to a property finance expert call us on  0333 015 3301 to see how we can help.

Owning your property

 

How does a property mortgage work

How Does Commercial Property Finance Work?

A commercial mortgage is very similar to a residential mortgage where you put down an initial deposit and then repay the loan on a monthly basis plus the interest.

The larger the deposit you have in place, the smaller the mortgage you will need to borrow.

Unlike residential mortgages, which are easy to find online with comparisons websites, commercial property loans work on a case-by-case basis. You can speak to one of our experienced team members to ensure you find the best loan for your business.

What Is The Difference Between A Commercial Mortgage & A Residential Mortgage?

The main difference between a commercial and residential mortgage is that a larger deposit is required. 

Commercial mortgages will generally be larger than residential mortgages as the size of the property will be larger. 

At Millbrook Business Finance, we have helped businesses across the UK in a variety of sectors to secure their property finance. Call us 0333 015 3301 or visit our contact page to fill in an enquiry form.

 

Difference Between A Commercial Mortgage & A Residential Mortgage

What Commerical Property Finance Do We Offer?

Commercial Mortgages

Work in a similar way to personal mortgages. A business owner or property developer seeks a long-term agreement to fund a commercial property development land purchase. Commercial mortgages usually have term lengths of around 30 years but can be adjusted based on your specific funding requirement. Typically, a deposit of around 10-30% is required on commercial mortgages. If you are a business owner or property developer who needs to purchase a commercial building, fund a development site or something similar please get in touch to discuss your situation on 0333 015 3301.

Bridging Finance

A short-term finance product for commercial property developers providing a lump sum of funds to action other projects. To arrange an agreement for this type of finance a property finance lender will require security against a property, development site or owned land. Terms can range from 1 month to 5 years.

If you need a short-term funding option, give us a call on 0333 015 3301 or complete our online enquiry form.

Property Development Loans

Property development is a finance solution aimed at facilitating development projects, refurbishments, restoration, or property upgrades. Finance terms generally are up to 24 months and offer values up to 70% of land costs and 100% build costs or 60 to 70% of the gross development value (GDV).

If you require property development finance, get in touch with us on 0333 015 3301 to discuss your requirement.

Compare Property Finance Solutions

Commercial Mortgages, Bridging Loans and Development finance all lend themselves to specific funding requirements. See the table below for an easy to digest comparison between the 3.

If you would like to discuss any of the options in more detail, give one of our account managers on 0333 015 3301 or drop us an email at enquiries@millbrookbusinessfinance.com

How To Apply For Commercial Property Finance

Step 1
Enquiry – Submit an enquiry via our online form or speak to an account manager by calling 0333 015 3301.

Step 2
Application – A finance application will be submitted to an underwriter with a decision granted typically within 3-5 days.

Step 3
Approval – Finance Approved. A copy of your finance agreement is sent to you for completion.

Step 4
Payout – Upon receipt of your signed agreement we process, activate and release funds

 

Why Choose Millbrook Business Finance

Millbrook offers fast and flexible commercial property finance solutions to enable you to purchase or refurbish your property. Our dedicated property finance team can support you with your commercial property ambitions and can tailor your property finance based on your needs and requirements. 

We are committed to help fund British businesses to support their growth and future expansion. We want to make your journey as easy as possible and we will work closely with you to ensure we answer any questions or concerns you may have throughout the process.

With years of experience, we can provide you with clarity throughout the process, allowing you to make a well-informed decision on the future of your property investment.

Invest in your business and work with us to secure your commercial property finance today. Whether you want commercial mortgages, bridging finance or development loans, Millbrook’s team can help find you the best loans at competitive interest rates. Call us 0333 015 3301 or visit our contact page to fill in an enquiry form.

Why choose Milbrook for your commercial property investment